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20110301
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a economy. of the disaster in japan continues to unfold and the economic effects are being felt here. ford motor co. told its dealers a cannot deliver a specific color paint because the pigment is made in japan and the longer available. this is a week where japan plays a big part in boosting our economy thanks to a 1912 gift of friendship. thiss the week we kickoff cherry blossom festival thanks to those 3000 trees delivered from japan. joining us today elliott ferguson ceo of destination c. we are glad to have him here to discuss the festival and the importance of tourism. we know about the people come to town because we see all the traffic but how many are expecting in town? >> thank you for having me here today, rebecca. we are expecting over 1 million people to come to whington, d.c. in the 2011, similar to what we had last year. for us, it is the beginning of the spring tourism season and it launches the entire mentum of tourism for the city for the rest of the year. >> there was some talk behind closed doors about canceling the festival entirely because of the events in japan. it st
your stay in wine country and we'll see you again next time. >>> tragedy in japan. uncertainty in the middle east. the stock market swoons. what it all means for the global economy and your portfolio. maria talks to a movie and marketing mogul. her discussion with harvey weinstein about the oscars, making movies and "the king's speech." and spiritual adviser deepak chopra on the soul of leadership. doing well and doing good. >> this is america's number one financial news program, "the wall street journal report." now maria bartiromo. >> i'll be back with more of the show in just a moment. but first, let's get to bill griffith. he has a look at some of the stories and the headlines right now. bill? >> thanks, maria. here is a look at what is making news as we head into a new week on wall street. volatility was certainly the word of the week or to the markets. the vix which measures volatility, affectionately known as the fear index spiked to its highest level since last july on the concerns about japan's nuclear mess, tensions in libya, worries in bahrain. the dow tumbled more t
so much for joining us. let me begin with this terrible earthquake in japan. what economic impact do you expect this is going to have? i mean, it's having an impact we see worldwide both long and short-term. so what is your take on this? >> well, japan's a third largest economy in the world. this is clearly going to affect the economy there. it's obviously affecting the mood and attitude of investors there. so i don't think you can assume this is something that is going to go away in a few days. that's the bad news. the good news is it wasn't in a key economic area. it wasn't like it was in tokyo or kobe. so my view is that it's an important event, but it doesn't have long-lasting significance. >> meanwhile, this week we saw the two-year anniversary of the recent -- >> right. who would have thought. >> exactly. we've been on this bull run for two years. do you this keeps up? what do you think the next catalysts are for the markets, and do you feel like this rally that has been in place for so long has sustainability going forward? >> well, i think we haven't seen the highs for the ye
Search Results 0 to 4 of about 5 (some duplicates have been removed)